Global Automotive Battery market to grow at a CAGR of 5.38% over the period 2014-2019, finds new report

The type of batteries used in automobiles is rechargeable and is usually referred to SLI batteries. Batteries primarily supply electric energy to an automobile and helps in starting the motor and lights, and the ignition systems. Batteries used in automotive are mainly lead-acid batteries. While passenger vehicles are equipped with one battery, heavy duty vehicles, such as trucks and buses, which primarily run on diesel, may have two batteries to complete a 24 volt system. Lead-acid batteries are made up of plates of lead and a separate plate of lead dioxide. These plates are submerged into an electrolyte solution of about 38 percent sulfuric acid and 62 percent of water, which initiates a chemical reaction, eventually resulting into electricity production.

Publisher's analysts forecast the Global Automotive Battery market to grow at a CAGR of 5.38 percent over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Global Automotive Battery market for the period 2015-2019. The market size is accessed on the basis of number of SLI batteries that are used in passenger cars, LCV, HCV, and buses, while market value is calculated on the basis of aftermarket price of batteries.

According to the report, an increase in the use of electronics and electrical components in the automotive sector, such as music systems, GPS devices, and ambient lighting, which are dependent on batteries, is propelling the growth of the Global Automotive Battery market.

The Global Automotive Battery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the AAPC and EMEA regions; it also covers the Global Automotive Battery market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions

• Americas
• APAC
• EMEA

Key Vendors

• Camel Group
• East Penn Manufacturing
• Exide Technologies
• GS Yuasa
• Johnson Controls

Other Prominent Vendors

• Fengfan
• Hitachi
• Huawei
• Shandong Sacred Sun Power Sources
• The Furukawa Battery
• Zhejiang Haijiu Battery
• Zhejiang Narada Power Source

Key Market Driver

• Growing Number of Electronic and Electrical Components in Vehicles
• For a full, detailed list, view our report

Key Market Challenge

• Environmental Issues
• For a full, detailed list, view our report

Key Market Trend

• High Penetration Rate of Start-Stop System
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 61 pages, “Global Automotive Battery Market 2015-2019” report covering the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Disease Overview, Market Landscape, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis. The report covered companies are - Camel Group , East Penn Manufacturing, Exide Technologies, GS Yuasa , Johnson Controls , Fengfan , Hitachi , Huawei , Shandong Sacred Sun Power Sources , The Furukawa Battery, Zhejiang Haijiu Battery , Zhejiang Narada Power Source

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